Bajaj Holdings – End of Wave V: Time to Exit?

Timeframe: Monthly Chart

Bajaj Holdings appears to have completed a larger-degree Wave V, forming a 5th wave extension.

Under Elliott Wave Principle, when Wave 5 is the longest, it typically extends 1.618 times the distance from Wave 1’s start to Wave 3’s end.

In this case, Wave 5 has indeed traveled 1.618x of that measure, while Wave 3 extended 1.414x of Wave 1.

Further internal wave counts align well with this structure, strengthening the case for a completed cycle.

Conclusion:
The larger 5-wave sequence looks complete. Investors and traders may consider exiting positions at this stage.